LedgerX supposedly cut ties with Silvergate and advised users to deal with Signature Bank.
LedgerX – cryptocurrency derivatives exchange and a subsidiary of the collapsed giant FTX – will reportedly cease its partnership with Silvergate Bank.Switching to Another Partner, LedgerX differentiated itself from the embattled financial institution focused on cryptocurrencies – Silvergate Bank. It advised customers to refrain from using it to receive domestic wire transfers from March 1.
Signature Bank said it will reduce its exposure to the cryptocurrency industry at the end of 2022 but not scrap it entirely. ItADVERTISEMENT
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